Make a cute Mr.Teddy Bear
1.-Open a new document, mine is 540x450 px.2.-Click on the Ellipse Tool and make a circle for the head.I used #E0B477

3.-Now make a small one for the ear. Duplicate the layer and paste it on the other side for make the other ear.

4.-Now merge that layers you have made and add them some stroke.I added a 2px one and used #B2957B.

5.-Now we going to make a new small one to continue making the ears.

6.-Now with the select round tool we going to make a big circle and we going to put it on the ear like this.

7.-And press delete. And that part of the ear will look like this:

8.-We will add few effect to that white part. so we have to go to blend options and add Inner Shadow:
Blend mode: multiply
Opacity: 28%
Angle: 153
Distance: 5
Choke: 0
Size: 9
Duplicate the layer and paste it in the other ear and you will have something like this:

9.-your teddy bear is looking great right? Let's add some eyes!For create them we going to create a new layer and sellect the elipse tool and add a white one. Later add a small one using this color #643432 and then for make the eyes looks better we going to add another white one but this time it will be really small. You will have something like this:

10.-Let's create a new layer again. Select Ellipse Tool again, select white as your foreground color and draw a large Ellipse like this and add to if some stroke as before:

11.-Now with the pen tool we going to make the mouth details and some eyebrows.

12.-And for make the body use the ellipse tool again. And your final result will look like this: